Environmental & Natural Resource Economicsis the best-selling text for this course, offering a policy-oriented approach and introducing economic theory in the context of debates and empirical work from the field. Students leave the course with a global perspective of both environmental and natural resource economics.Gain flexibility in your course outlines: The text is organized, so that you can fit individual course outlines. Use relevant material: Students identify with up-to-date information, which gives them a global perspective on key issues. Engage students with self-test exercises, debates and examples: Students are able to prepare for their field and learn from an active learning path, which allows them to grasp concepts before moving though the text. 

1. Visions of the Future
2. The Economic Approach: Property Rights, Externalities, and Environmental Problems
3. Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics
4. Valuing the Environment: Methods
5. Dynamic Efficiency and Sustainable Development
6. Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes, and Extraction Cost
7. Energy: The Transition from Depletable to Renewable Resources
8. Recyclable Resources: Minerals, Paper, Bottles, and E-Waste
9. Water: A Confluence of Renewable and Depletable Resources
10. A Locationally Fixed, Multipurpose Resource: Land
11. Storable, Renewable Resources: Forests
12. Common-Pool Resources: Commercially Valuable Fisheries
13. Ecosystem Goods and Services: Nature’s Threatened Bounty
14. Economics of Pollution Control: An Overview
15. Stationary-Source Local and Regional Air Pollution
16. Climate Change
17. Mobile-Source Air Pollution
18. Water Pollution
19. Toxic Substances and Environmental Justice
20. The Quest for Sustainable Development
21. Visions of the Future Revisited 

Tom Tietenberg Colby College
Lynne Lewis Bates College